MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC (EIN 223799632) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

SONDRA SCHWARTZ

Phone

6176745100

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC, founded in 2001, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.5M left a modest 4% surplus.

Mission

MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS WITH A FOCUS ON EXPANSION, OPPORTUNITY AND DIVERSITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,514,026

Program Service Revenue $1,085,697

Investment Income $29,492

Other Revenue $-5,892

TOTAL REVENUE $3,623,323

Expense Breakdown

Grants Paid $46,606

Salaries & Benefits $2,210,287

Fundraising Expenses $286,987

Program Expenses $2,876,230

Other Expenses $1,221,147

TOTAL EXPENSES $3,478,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,623,323	$3,237,337	+0.1%
Expenses	$3,478,040	$3,473,613	+0.0%
Net Income	$145,283	$-236,276	-1.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

223

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$381,903

Total Directors

$744,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENDALLE BURLIN O'CONNELL	DIR./ PRES. & CEO OF MASSBIO	1.00	Director	$0	$23,676	$744,644
SONDRA SCHWARTZ	CHIEF EXECUTIVE OFFICER	40.00	Officer	$226,579	$23,228	$249,807
MICHELLE MISCHKE	VP BIOTECHNOLOGY EDUC. PROG.	40.00	Highest	$150,805	$20,280	$171,085
MARCIE LADEN	SR DIR. OF MKTG. & DEVELOPMENT	40.00	Highest	$126,679	$27,101	$153,780
SPENCER KLEIN	DIRECTOR OF FINANCE & ADMIN	40.00	Officer	$116,089	$16,007	$132,096
WHITNEY HAGINS	DIRECTOR OF BIOTEACH INSTRUCTION	40.00	Highest	$102,373	$4,095	$106,468
LAUREN CELANO	DIRECTOR/ CHAIR	1.00	Officer Director	$0	$0	$0
KRISTIN GOPPEL	DIRECTOR/VICE CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL LEVY	DIRECTOR/ TREASURER (UNTIL 12/2023)	1.00	Officer Director	$0	$0	$0
STACIE SAWCHAK AARESTAD	DIRECTOR/ CLERK (UNTIL 12/2023)	1.00	Officer Director	$0	$0	$0
RYAN COHLHEPP	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE DURSO BUMPUS	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA MONAHAN	DIRECTOR	1.00	Director	$0	$0	$0
MARY ELLEN WILTROUT	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT GOTTLIEB	DIRECTOR	1.00	Director	$0	$0	$0
WYNTER J DUNCANSON	DIRECTOR	1.00	Director	$0	$0	$0
AMITA JOSHI	DIRECTOR	1.00	Director	$0	$0	$0
JAY METTETAL	DIRECTOR	1.00	Director	$0	$0	$0
LORA MARDEN	DIRECTOR	1.00	Director	$0	$0	$0
SHELLEY SEYMOUR	DIRECTOR	1.00	Director	$0	$0	$0
RITA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SNOW	DIRECTOR	1.00	Director	$0	$0	$0
WADE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE HALLORAN	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA HACKMEIER	DIRECTOR	1.00	Director	$0	$0	$0
JOHANNA JOBIN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER MURPHY	DIRECTOR (UNTIL 12/2023)	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,623,323	$3,478,040	$1,994,798	$145,283
2022	$3,237,337	$3,473,613	$1,941,454	$-236,276
2021	$2,337,731	$2,290,837	$2,372,031	$46,894
2020	$1,912,335	$3,261,348	$2,866,284	$-1,349,013
2019	$4,260,360	$3,389,111	$4,228,952	$871,249
2018	$2,156,414	$1,417,486	$2,611,534	$738,928

MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC